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Economic and Financial Crimes Commission, EFCC, Friday, October 9, 2026, said it recovered $56,000 of a suspected procurement fraud case, and subsequently handed the said amount over to the owner, Mrs Adeshola Oshilaja, an American-based businesswoman, bringing the total amount recovered for her to $104,950

The latest recovery EFCC said represents outstanding balance of the funds, following the earlier payment of $48,950 directly to Oshilaja by the defendant, Babatunde Samuel Akinsanmi

The handover was performed at EFCC's Lagos Zonal Directorate 1, Ikoyi, Lagos.

According to officials, the recovery and handover followed investigations over a petition filed by Oshilaja for an alleged failure of her business associate Akinsanmi, to account for the funds provided for puchase of 10 dump trucks from China.

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